2022
Exports
$588kWorld Rnk 48 / 92
Flag Rnk 976 / 1198
2022
PRODUCT COMPLEXITY IN Pig Iron
-1.18Rnk 876 / 1025
2022
Imports
$434kWorld Rnk 71 / 141
Flag Rnk 1094 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $588k in Pig Iron, making it the 48th largest exporter of Pig Iron in the world. At the same year, Pig Iron was the 976th most exported product in Singapore. The main destination of Pig Iron exports from Singapore are: Nigeria ($445k), Australia ($66.7k), Sri Lanka ($26.5k), Hong Kong ($23.1k), and Vietnam ($11.1k).

The fastest growing export markets for Pig Iron of Singapore between 2021 and 2022 were Nigeria ($445k), Sri Lanka ($26.5k), and Hong Kong ($23.1k).

Imports In 2022, Singapore imported $434k in Pig Iron, becoming the 71st largest importer of Pig Iron in the world. At the same year, Pig Iron was the 1094th most imported product in Singapore. Singapore imports Pig Iron primarily from: South Africa ($286k), China ($67.9k), India ($57.1k), United States ($9.62k), and Vietnam ($8.06k).

The fastest growing import markets in Pig Iron for Singapore between 2021 and 2022 were South Africa ($184k), India ($56.6k), and United States ($9.48k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Pig Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$588k
IMPORTS (2022)$434k
NET TRADE (2022)$154k

In 2022, Singapore exported $588k in Pig Iron. The main destinations of Singapore exports on Pig Iron were Nigeria ($445k), Australia ($66.7k), Sri Lanka ($26.5k), Hong Kong ($23.1k), and Vietnam ($11.1k).

In 2022, Singapore imported $434k in Pig Iron, mainly from South Africa ($286k), China ($67.9k), India ($57.1k), United States ($9.62k), and Vietnam ($8.06k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pig Iron EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Nigeria$445k (1%)
Sri Lanka$26.5k (1%)
Hong Kong$23.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Iron BY Singapore WERE (2021 - 2022):
Thailand-$3.07M (-100%)
South Africa-$643k (-100%)
Australia-$143k (-68.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Pig Iron were:
In 2022, Singapore's main importing competitors in Pig Iron were:

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Trade Value of Pig Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $13k
TOP IMPORT POTENTIALIndia+ $91k

Pig Iron’s highest export potential is India. With an export gap of $13k.   Pig Iron’s highest import potential is India with an import gap of $91k.

See methodology.

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